Eurozone Economy Shows Resilience Despite Slower December Growth
The eurozone economy expanded at a slower pace in December 2024 but achieved its strongest quarterly growth in over two years. Despite manufacturing contraction, the services sector remained robust, and uninterrupted monthly expansion throughout 2025 signals underlying economic resilience.
Insights:
The eurozone economy continued its expansionary streak in December 2024, albeit at a slower pace, according to the latest data from HCOB. The final composite Purchasing Managers Index (PMI) for the eurozone registered at 51.5, down from November's 52.8. Despite this deceleration, the fourth quarter marked the strongest growth in over two years, with the average PMI reading at 52.3, highlighting the region's resilience.
